Apr. 21 at 8:26 PM
$MCB
Metropolitan Bank Holding Corp. reported strong Q1 2025 financial results with net income of
$16.4 million, or
$1.45 per diluted share.
Total loans reached
$6.3 billion, increasing 5.1% from Q4 2024 and 10.9% year-over-year. Total deposits grew to
$6.4 billion, up 7.8% from previous quarter.
The bank's net interest margin improved to 3.68%, marking the sixth consecutive quarter of growth.
Asset quality remained stable with non-performing loans ratio at 0.54%. The company repurchased
$12.9 million of common stock, approximately 2% of outstanding shares.
Liquidity position remains strong with
$2.9 billion in cash and available secured funding capacity, representing 179% of estimated uninsured deposits.
Both the Company and Bank maintain 'well capitalized' status, with total risk-based capital ratios of 12.8% and 12.1% respectively.
